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See the Light ...of Long Beach municipal debt

Not a politico like many members on this site, but wanted to share what appears to be a failure by local government to control spending. The following article discusses the LB state funding approval for $12 million loan. 
http://www.nytorch.com//index.php?p=8254

Bob West February 21, 2014 at 09:46 PM
How low to blame this debt on Sandy if it was truly there before the storm. I wish I could read the original proposal to see if they really re-wrote the bond proposal that way. Seeing how the storm continues to ruin our neighbors and our area, it's almost like we should have something like the "War Crimes Tribunals" for groups who continue to profiteer from the hurricane. @F.O., thanks for the link.
Eddie February 22, 2014 at 07:52 AM
Before the Democrats took office, we had a $5 million debt, an unsettled police contract with back pay obligation, and a $20 million lien from Superblock. On top of that, the Democrats have put us in an ADDITIONAL $120 MILLION debt, through huge additional management appointments, bonus payments to themselves and maniacal spending on everything except infrastructure and investment.
Hamburger February 22, 2014 at 08:08 AM
What is the 120 mil comprised of
Eddie February 23, 2014 at 08:25 PM
Update hurricane Eddie attacks losers on Long beach Patch. Forces Hamburger to charge name. Forces moe into hiding. Forces Eddie to face the fact he is not as special as mommy told him he was.
Eddie February 23, 2014 at 08:25 PM
Update hurricane Eddie attacks losers on Long beach Patch. Forces Hamburger to charge name. Forces moe into hiding. Forces Eddie to face the fact he is not as special as mommy told him he was.
Eddie February 23, 2014 at 08:25 PM
Update hurricane Eddie attacks losers on Long beach Patch. Forces Hamburger to charge name. Forces moe into hiding. Forces Eddie to face the fact he is not as special as mommy told him he was.
Eddie February 23, 2014 at 08:25 PM
Update hurricane Eddie attacks losers on Long beach Patch. Forces Hamburger to charge name. Forces moe into hiding. Forces Eddie to face the fact he is not as special as mommy told him he was.
Eddie February 23, 2014 at 08:25 PM
Update hurricane Eddie attacks losers on Long beach Patch. Forces Hamburger to charge name. Forces moe into hiding. Forces Eddie to face the fact he is not as special as mommy told him he was.
Eddie February 23, 2014 at 08:27 PM
The other Eddie is just making up numbers. I think his diapers need to be changed.

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